Kelly Lawrence W & Associates Inc. CA Makes New $9.22 Million Investment in Roper Technologies, Inc. $ROP

Kelly Lawrence W & Associates Inc. CA bought a new stake in shares of Roper Technologies, Inc. (NASDAQ:ROP) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 27,239 shares of the industrial products company’s stock, valued at approximately $9,217,000. Roper Technologies makes up about 2.0% of Kelly Lawrence W & Associates Inc. CA’s investment portfolio, making the stock its 19th biggest position.

Several other large investors have also recently made changes to their positions in ROP. Brighton Jones LLC purchased a new stake in shares of Roper Technologies during the 4th quarter worth about $203,000. Empowered Funds LLC increased its stake in shares of Roper Technologies by 11.7% in the 1st quarter. Empowered Funds LLC now owns 3,108 shares of the industrial products company’s stock valued at $1,832,000 after purchasing an additional 326 shares in the last quarter. Cary Street Partners Financial LLC acquired a new position in Roper Technologies in the 2nd quarter worth about $137,000. Nebula Research & Development LLC acquired a new position in Roper Technologies in the 2nd quarter worth about $977,000. Finally, Sei Investments Co. boosted its position in Roper Technologies by 22.6% during the second quarter. Sei Investments Co. now owns 61,621 shares of the industrial products company’s stock worth $34,928,000 after purchasing an additional 11,372 shares in the last quarter. 93.31% of the stock is currently owned by institutional investors and hedge funds.

Roper Technologies Trading Up 0.9%

ROP stock opened at $415.51 on Tuesday. Roper Technologies, Inc. has a 12-month low of $305.96 and a 12-month high of $536.57. The business’s 50-day moving average is $369.01 and its 200 day moving average is $352.96. The company has a current ratio of 0.55, a quick ratio of 0.51 and a debt-to-equity ratio of 0.57. The stock has a market cap of $41.09 billion, a price-to-earnings ratio of 17.21, a PEG ratio of 1.85 and a beta of 0.74.

Roper Technologies (NASDAQ:ROP) last announced its earnings results on Thursday, July 23rd. The industrial products company reported $5.38 EPS for the quarter, beating analysts’ consensus estimates of $5.29 by $0.09. The business had revenue of $2.11 billion during the quarter. Roper Technologies had a return on equity of 11.36% and a net margin of 30.24%.Roper Technologies’s revenue was up 8.5% compared to the same quarter last year. During the same period in the previous year, the company earned $4.87 EPS. Roper Technologies has set its FY 2026 guidance at 22.150-22.300 EPS and its Q3 2026 guidance at 5.750-5.800 EPS. On average, sell-side analysts anticipate that Roper Technologies, Inc. will post 22.22 EPS for the current fiscal year.

Roper Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 21st. Investors of record on Friday, October 2nd will be paid a $0.91 dividend. This represents a $3.64 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Friday, October 2nd. Roper Technologies’s dividend payout ratio is currently 15.08%.

Analysts Set New Price Targets

Several analysts have commented on ROP shares. Zacks Research lowered Roper Technologies from a “strong-buy” rating to a “hold” rating in a report on Thursday, June 25th. Raymond James Financial lowered Roper Technologies from a “strong-buy” rating to a “market perform” rating in a research report on Wednesday, July 22nd. Argus raised shares of Roper Technologies from a “hold” rating to a “buy” rating and set a $450.00 price target on the stock in a research note on Thursday, August 6th. JPMorgan Chase & Co. boosted their price target on shares of Roper Technologies from $397.00 to $415.00 and gave the stock an “underweight” rating in a report on Wednesday, July 29th. Finally, Royal Bank Of Canada restated a “sector perform” rating and set a $417.00 price objective on shares of Roper Technologies in a research report on Tuesday, August 18th. Seven equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $466.94.

Insiders Place Their Bets

In other news, Director Richard F. Wallman sold 6,434 shares of the company’s stock in a transaction on Friday, July 24th. The shares were sold at an average price of $361.00, for a total transaction of $2,322,674.00. Following the completion of the sale, the director owned 7,423 shares of the company’s stock, valued at $2,679,703. This represents a 46.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP John K. Stipancich sold 2,000 shares of the firm’s stock in a transaction dated Monday, July 27th. The stock was sold at an average price of $379.05, for a total transaction of $758,100.00. Following the completion of the transaction, the executive vice president directly owned 35,634 shares in the company, valued at approximately $13,507,067.70. This represents a 5.31% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 0.80% of the company’s stock.

Roper Technologies Company Profile

Roper Technologies, Inc (NASDAQ: ROP) is a diversified technology company that acquires and manages businesses delivering specialized software, engineered products and data-driven analytics to niche markets. Its subsidiaries develop enterprise and cloud-based software, scientific and analytical instruments, industrial and medical devices, and other applied technologies designed to solve specific operational, regulatory and commercial challenges for customers. The company emphasizes recurring revenue streams from software licenses, subscriptions and service contracts alongside sales of hardware and instruments.

Roper operates a decentralized operating model in which acquired businesses retain entrepreneurial autonomy while benefiting from centralized capital allocation, legal and financial support.